Halliburton Company (HAL) is garnering attention in the stock market, despite facing a mix of upsides and challenges. Amid a challenging energy market, the company offers a significant upside potential of around 10%. However, this potential isn't without risk as Halliburton's stock has underperformed when compared to competitors, even on strong trading days. The stock price target has been lowered by
JPMorgan Chase & Co. amid these challenges. Interestingly, talk show host,
Jim Cramer has expressed a cautious stance towards the stock, despite acknowledging its bargain offers. On a positive note, Halliburton, favored by hedge funds for its tech-driven energy profile, is receiving recognition as a top contender among oilfield service stocks. The company recently reported a missed Q3 earnings estimate because of weak North American activities but it shows resilient international growth. It is largely owned by institutional shareholders controlling around 86-88% of the company. Furthermore, Halliburton's financial prospects are deemed attractive by the market, with one analyst speculating a rise if
Donald Trump wins the US election.
Halliburton Company HAL News Analytics from Mon, 22 Apr 2024 07:00:00 GMT to Fri, 03 Jan 2025 16:39:52 GMT -
Rating 4
- Innovation -6
- Information 6
- Rumor -4
